Kubota (TSE:6326) Cyclically Adjusted PB Ratio: 1.63 (As of Aug. 18, 2026) — 22% Below Median

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TSE:6326 Kubota Corp TSE:6326
84 GF Score
Price 円2,650.00
GF Value 円1,927.32
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Kubota Cyclically Adjusted PB Ratio?

Kubota TSE:6326 -1.38% 84 Cyclically Adjusted PB Ratio is 1.63 as of Aug. 18, 2026, which is 22% below its 10-year median of 2.09. GuruFocus rates TSE:6326 with a GF Score™ of 84/100 and a GF Value™ of 円1,927.32 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 164 Farm & Heavy Construction Machinery companies, Kubota ranks worse than 56.1% on this metric.

As of today (2026-08-18), Kubota's current share price is 円2650.00. Kubota's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円1,630.32. Kubota's Cyclically Adjusted PB Ratio for today is 1.63.

The historical rank and industry rank for Kubota's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSE:6326' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.09   Med: 2.09   Max: 3.33
Current: 1.69

During the past years, Kubota's highest Cyclically Adjusted PB Ratio was 3.33. The lowest was 1.09. And the median was 2.09.

TSE:6326's Cyclically Adjusted PB Ratio is ranked worse than
56.1% of 164 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.56 vs TSE:6326: 1.69

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Kubota's adjusted book value per share data for the three months ended in Jun. 2026 was 円2,459.854. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is 円1,630.32 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kubota  (TSE:6326) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Kubota Cyclically Adjusted PB Ratio Related Terms


Kubota Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kubota's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Kubota Cyclically Adjusted PB Ratio Chart

Kubota Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.62 1.63 1.69 1.31 1.43

Kubota Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.10 1.24 1.43 1.55 1.65

TSE:6326 vs CAT, DE, PCAR: Cyclically Adjusted PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Kubota's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kubota Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Kubota's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kubota's Cyclically Adjusted PB Ratio falls into.


TSE:6326
84GF Score
Kubota Corp TSE:6326
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kubota Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Kubota's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2650.00/1630.32
=1.63

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Kubota's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Kubota's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2459.854/113.6000*113.6000
=2,459.854

Current CPI (Jun. 2026) = 113.6000.

Kubota Quarterly Data

Book Value per Share CPI Adj_Book
201609 869.360 98.000 1,007.748
201612 962.168 98.400 1,110.796
201703 955.107 98.100 1,106.016
201706 997.086 98.500 1,149.939
201709 1,018.089 98.800 1,170.596
201712 1,046.554 99.400 1,196.062
201803 1,019.783 99.200 1,167.816
201806 1,061.476 99.200 1,215.561
201809 1,094.446 99.900 1,244.535
201812 1,087.436 99.700 1,239.044
201903 1,108.489 99.700 1,263.033
201906 1,123.956 99.800 1,279.373
201909 1,133.576 100.100 1,286.456
201912 1,182.396 100.500 1,336.519
202003 1,147.362 100.300 1,299.505
202006 1,185.670 99.900 1,348.269
202009 1,187.521 99.900 1,350.374
202012 1,221.614 99.300 1,397.536
202103 1,295.415 99.900 1,473.065
202106 1,332.602 99.500 1,521.443
202109 1,350.248 100.100 1,532.349
202112 1,398.470 100.100 1,587.075
202203 1,480.054 101.100 1,663.048
202206 1,597.751 101.800 1,782.952
202209 1,649.287 103.100 1,817.255
202212 1,573.882 104.100 1,717.512
202303 1,631.753 104.400 1,775.547
202306 1,801.232 105.200 1,945.057
202309 1,852.890 106.200 1,981.999
202312 1,851.750 106.800 1,969.652
202403 1,975.802 107.200 2,093.760
202406 2,142.014 108.200 2,248.917
202409 1,991.790 108.900 2,077.753
202412 2,155.292 110.700 2,211.754
202503 2,087.433 111.100 2,134.405
202506 2,111.086 111.700 2,146.995
202509 2,171.069 112.000 2,202.084
202512 2,306.803 113.000 2,319.052
202603 2,363.310 112.700 2,382.183
202606 2,459.854 113.600 2,459.854

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 1.63 mean?
Kubota (TSE:6326) has a Cyclically Adjusted PB Ratio of 1.63 as of Aug. 18, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Kubota and its competitors. This is 22% below median its historical median of 2.09. Over the past decade, Kubota's Cyclically Adjusted PB Ratio has ranged from 1.09 to 3.33. According to the industry distribution chart, Kubota ranks #92 out of 164 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 56.1%.
Is Kubota's Cyclically Adjusted PB Ratio too high?
Kubota's current Cyclically Adjusted PB Ratio of 1.63 is 22% below median its 10-year median of 2.09. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 3.33. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PB Ratio is 1.56. Kubota's value of 1.63 is 4.5% above this industry median. Based on the distribution chart, Kubota ranks #92 out of 164 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Kubota has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kubota's Cyclically Adjusted PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Kubota ranks #92 out of 164 companies for Cyclically Adjusted PB Ratio. This places Kubota in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. Kubota's value of 1.63 is 4.5% above this benchmark. Historically, Kubota's own Cyclically Adjusted PB Ratio has ranged from 1.09 to 3.33 over the past decade. While the company's 10-year median is 2.09 vs. the industry median of 1.56, Kubota has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PB Ratio among Farm & Heavy Construction Machinery companies is 1.56, based on 164 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kubota's current Cyclically Adjusted PB Ratio of 1.63 is 4.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Kubota and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kubota's current Cyclically Adjusted PB Ratio is 1.63, which is 22% below median its own 10-year median of 2.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kubota stock overvalued right now?
Based on GuruFocus' analysis, Kubota (TSE:6326) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,927.32, compared to a current price of 円2,650.00 — trading 37.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.63, which is 22% below median its 10-year median of 2.09 and 4.5% above the Farm & Heavy Construction Machinery industry median of 1.56. Kubota's overall GF Score™ is 84/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Kubota (TSE:6326), the current Cyclically Adjusted PB Ratio is 1.63 as of Aug. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Kubota (TSE:6326) Overvalued in 2026?

Based on GuruFocus' analysis, Kubota stock appears to be overvalued. The current stock price of 円2,650.00 is trading 37.5% above its estimated GF Value™ of 円1,927.32. GuruFocus considers Kubota to be Significantly Overvalued.

Key valuation signals for TSE:6326:

  • Cyclically Adjusted PB Ratio: 1.63 (22% below median its 10-year median of 2.09)
  • GF Value™: 円1,927.32 vs. price of 円2,650.00 (37.5% above fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 4.5% above the Farm & Heavy Construction Machinery median (#92 of 164)

No single metric tells the full story. See the TSE:6326 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kubota Business Description

Address 2-47, Shikitsuhigashi 1-Chome, Naniwa-ku, Osaka, JPN, 556-8601
Kubota manufactures and sells small and midsize agricultural and construction equipment as well as water treatment equipment. Its key products in the farm and industrial machinery segment include compact/utility tractors, mini excavators, compact track loaders, engines, and rice farming equipment, such as combine harvesters, as well as rice transplanters. The company has produced over 5.6 million tractors worldwide and over 30 million engines. Its water and environment segment provides mainly pipe system products like ductile iron pipes and valves, water/waste treatment plants, pumps, as well as operation and maintenance services, including public/private partnership projects. The company is based in Osaka, Japan, and was founded in 1890.
84GF Score

Get the complete analysis for TSE:6326

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円2,650.00
Price
円1,927.32
GF Value